Shareholders Hold Emergency Meeting on Oba Otudeko’s Comeback Bid Today Festus Akanbi In a bid to resolve the unfolding drama over last Thursday's acquisition of 4,770,269,843 shares
of First Bank Holding Plc by a former chairman of the holding company, Oba Otudeko, some shareholders of the company have scheduled a board meeting
for today to discuss the matter. Multiple sources told THISDAY yesterday that the shareholders are weighing all the options that would facilitate a quick resolution
of all the issues thrown up by the slew of share acquisitions and Otudeko’s comeback bid, which has fetched him a 13 per cent ownership of the company,
shareholders are bent on taking control of their bank with the source, adding that these are the
and the right to sit on the board. The current board was appointed by the Central Bank of Nigeria (CBN), and according to one of the sources, the
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Nigeria's Petrol Consumption Down 28% after Subsidy Removal, Says Downstream Regulator…
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Sunday 9 July, 2023 Vol 28. No 10315
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Anambra Panel Indicts Mmesoma for Forgery, Recommends Apology to JAMB Sunday Aborisade, Kuni Tyessi in Abuja and David-Chudyy Eleke in Awka L-R: Immediate past Delta State Governor, Dr. Ifeanyi Okowa; state Deputy Governor, Sir Monday Onyeme; Governor Sheriff Oborevwori; former Chief of Defence Staff, General The eight-man panel set up by Lucky Irabor (rtd); his wife, Victoria; Chief of Defence Staff, Major General Christopher Musa; and his wife, Lilian, at the reception organised by the Ika nation for the former Governor Chukwuma Soludo of CDS in Agbor, Delta State…yesterday
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Irabor: Nigeria’s Peace Guaranteed with Musa as New Defence Chief
Oborevwori hails Ika’s unity as Okowa, Obaigbena, Onyeagwu, others pour encomiums on former CDS
Omo-Julius Onabu in Asaba The former Chief of Defence Staff (CDS), General Lucky Irabor (rtd), yesterday said the peace of the nation would be guaranteed with the appointment of Major General Chris Musa as his successor. This is coming as Delta State Governor, Hon. Sheriff Oborevwori, urged all other ethnic nationalities in the state and Nigeria to emulate the unity of the Ika nation, which he said led to the kind of reception that attracted dignitaries from across the nation to honour the former CDS. Group Managing Director of Zenith Bank, Dr. Ebenezer Onyeagwu has also hailed the Ika nation for producing many men of distinction in the many professions such as banking, politics and others and also lauded General Irabor for his dedication, discipline and meritorious service to Nigeria. General Irabor who spoke at a Continued on page 5
PAYING LAST RESPECTS… L-R: Former Head of State, General Yakubu Gowon (rtd); Lagos State Governor, Mr. Babajide Sanwo-Olu; Ogun State Governor, Prince Dapo Abiodun; and Vice President Kashim Shettima, during the funeral service for Otunba Michael Olasubomi Balogun at the Cathedral Church of Our Saviour, Ijebu-Ode, Ogun State…yesterday
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